New Delhi, June 27: The petrol and diesel prices may go up once again with petrol pump owners demanding a hike in their commissions. They are threatening to launch a nation-wide agitation and strike if their demand is not fulfilled.
The petrol pump owners are currently getting a fixed commission of Rs 1.08 for every litre of petrol sold and 67 paise per litre in case of diesel. However, petrol pump owners demand that their commission should be changed from fixed to 5 per cent of the price of the fuel. If government accepts their demand it will result in another hike of around Rs 1 in the price of petrol and diesel.
According to industry sources, the PSU oil marketing companies have already recommended a marginal hike of 10 paise per litre in petrol and 8 paise per litre in diesel in the commissions of the petrol pump owners. But petrol pump owners are sticking to their demand of 5 per cent commission.
“We were taking less commission because the financial conditions were not good. Now, we also want our commissions tobe based on international practices where commissions are a percentage of the invoice value,” said Mr Ajay Bansal, general secretary, Federation of All India Petroleum Traders.
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